Interfaith Family Services

Nonprofit profile at a glance

EIN
752028254
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Dallas, TX, USA
Phone
2148277220
Rating
82
Verdict
STRONG
Rating confidence
Standard
Sector
Support N.E.C.
Affiliation
Interfaith

Reported finances

Revenue
$2,584,688
Expenses
$3,263,865
Assets
$8,329,259
Liabilities
$8,657,392

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • KIMBERLY WILLIAMS (President & CEO)

Highest reported compensation

  • KIMBERLY WILLIAMS (President & CEO): $154,401 total reported compensation
  • CHRISTIE RICHIE (COO): $98,760 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We empower families in crisis to break the cycle of poverty. For 39 years, Interfaith Family Services has helped families work their way out of poverty by eliminating barriers to success, equipping parents with skills, and educating children. Our program, designed for both homeless families and those at-risk for homelessness, is designed to achieve five key goals. For parents, our focus is (1) sufficient income, (2) stable housing, (3) a savings safety-net, and (4) a self-care practice. For their children, it is simply (5) success in school. We exclusively target working poor families because they are the least likely to qualify for temporary assistance but the most likely to achieve long-term self-sufficiency when support is available. We serve 250 homeless and working poor families annually through our transitional housing program and rental assistance program to help families avoid homelessness.

What it reported doing in 2024

Hope & Horizons Program: The Hope & Horizons Program provides free afterschool, school break, and summer enrichment services for children and youth designed to support academic achievement, social-emotional development, and overall well-being. The program offers tutoring, homework assistance, literacy and STEM activities, mentoring, enrichment experiences, summer camps, and educational field trips in a safe and supportive environment. During the school year, students attending the program from 3:30 PM to 6:30 PM receive supper and a snack daily. On full program days, including summer and school breaks from 7:00 AM to 6:30 PM, children receive four meals each day, including breakfast, lunch, supper, and a snack. The program also provides paid field trips and snacks during summer and holiday enrichment activities to ensure children have access to educational and recreational experiences they may not otherwise receive. Using evidence-based educational tools and individualized learning support, Hope & Horizons helps students improve reading and math skills while building confidence, leadership abilities, and positive social skills that prepare them for long-term success.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 98% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 77
  • Accountability: 100
  • Sustainability: 28
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.3%; rating input score 97
  • Program expense ratio: 77%; rating input score 77
  • Fundraising efficiency: $4.52 raised per $1 spent on fundraising; rating input score 15; 15th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: No; rating input score 0

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -26.3%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 2.55; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: 1.04; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 7.8%; rating input score 38; 38th percentile among comparable filings

Growth

  • Program expense growth: 6.8% per year; rating input score 100; 49th percentile among comparable filings
  • Revenue growth: 1.8% per year; rating input score 100; 19th percentile among comparable filings
  • Asset growth: 8.5% per year; rating input score 100; 52nd percentile among comparable filings

Details

  • Where the money goes: 97.3% of revenue deployed · 77% of spending went to programs
  • Governance: 14 of 14 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $2.5M in reported program spending
  • Leadership: top reported pay $154K · 16 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 32 of 33 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 15/100.
  • High — Sustainability: Operating margin scored 5/100.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 38/100.